The President Trump stock market rally is close to becoming the greatest in 85 years.
Since Election Day, the Dow Jones industrial average has surged 24.7 percent — fueled in large part by investor enthusiasm for Trump’s plans to cut regulations and taxes and bring back manufacturing jobs.
Barring a large sell-off over the next month, Trump’s Dow rally will surpass the 23.3 percent gain the much-watched stock index posted in the year following the election of President George H.W. Bush.
The Trump rally, beginning its 12th month today, is compared to the one-year Dow record starting on Election Day.
You’d have to go back to FDR, first elected in 1932 as the US started to recover from the Great Depression, to see a larger jump. The Dow rose 54.9 percent following Election Day that year. – READ MORE
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